40—Amendment of section 79—Assurances
(1) Section 79(1) and
(2)—delete subsections (1) and (2) and substitute:
(1) The Commissioner
may accept an assurance given by—
(a) a
trader; or
(b) a
director of a body corporate that is a trader,
in connection with a matter in relation to which the Commissioner has a power
or function under this Act or a related Act.
(2) Section
79(4)—delete subsection (4) substitute:
(4) A person who has
given an assurance may, with the consent of the Commissioner, withdraw or vary
the assurance at any time.
(3) Section
79(5)—delete "trader" first occurring and substitute:
person who has given the assurance
(4) Section
79(5)—delete "trader" second occurring and substitute:
person